The most valuable public company in the world just got more valuable. Apple’s market cap reached an all-time high today of $945 billion.
Apple is worth $945 billion — more than ever
Warren Buffett’s increased investment sent the stock up.
Rani Molla was a senior correspondent at Vox and has been focusing her reporting on the future of work. She has covered business and technology for more than a decade — often in charts — including at Bloomberg and the Wall Street Journal.
Apple reported totally fine second-quarter earnings last week. But what really sent the stock up was Warren Buffett’s announcement Friday that his company Berkshire Hathaway would be purchasing an additional 75 million shares in Apple, giving it a 5 percent stake.
The stock is currently trading at $186, up 10 percent since the beginning of the year.
As of the end of 2017, Vanguard Group and BlackRock were Apple’s biggest shareholders.
This article originally appeared on Recode.net.
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